XST 0.00% 0.9¢ xstate resources limited

Ann: Legal Update on Singapore High Court Action, page-62

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  1. 7,782 Posts.
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    ricdan

    ignoring the rants of a 7 year old that believes the likes of Hong Hung Thiam and Tanzil Hidayat will allow bankruptcy and loose control of their respective companies and business interests/investment and personal properties and live their lives off the island haven of singapore, i tend to agree with your sentiment that they will succumb to the fact they have to settle.

    time frames are speculative, but all shareholders are fully supporting the board and backing them to meet the shareholder expectations and go full throttle now in enforcement. we dont want further dilution, the board is not taking any wages, they are running XST lean, and shareholders are tired of these defaulters causing dilution after dilution on what i think is a poorly managed gas exploration program by the operator and driller. sitting back and not acting is not an option..

    we need cash, we need closure and we need to get on with the oil acquisition program
 
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